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Financial Engineering at Mittal Steel

1 Decembrie 2006
655 Vizualizari | 0 Comentarii
Without the state's and the other shareholders' approval, the Indians from Mittal Steel SA Iasi are going to buy from Mittal Steel SA Galati a section for pipes' producing. The shareholders have been convened to decide upon this purchase (it's the last straw!) on December, 27 the last Christmas Day. Lately, on the same date, Mittal Steel SA Galati credited the factory of Iasi with important sums, whose expiration is at the end of the year.
As the economic situation of the branch from Iasi cannot support acquisitions for the moment, the Indians may apply, as they have repeatedly done, to the owners that would be going to lend money to the company in Iasi in order to buy assets from Galati.
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